Funding/Accounting/Offset. (i) Upon execution of this Agreement and thereafter whenever there is a subsequent change in amounts, Manager will provide Client with a fixed fee schedule, setting forth the fixed monthly charges for which Client is responsible including Flight and Maintenance Crew compensation (the “Fixed Monthly Charges”). On the first day of each month, Client shall wire transfer the Fixed Monthly Charges to the Segregated Operating Account, which Manager may immediately withdraw for proper application hereunder;
Appears in 2 contracts
Samples: Executive Aircraft Management and Charter Services Agreement (Oxbridge Acquisition Corp.), Executive Aircraft Management and Charter Services Agreement (Oxbridge Acquisition Corp.)
Funding/Accounting/Offset. (i) Upon execution of this Agreement and thereafter whenever there is a subsequent change in amounts, Manager will provide Client with a fixed fee schedule, setting forth the fixed monthly charges for which Client is responsible including Flight and Maintenance Crew compensation (the “Fixed Monthly Charges”). On the first day of each month, Client shall wire transfer the Fixed Monthly Charges to the Segregated Operating Account, which Manager may immediately withdraw for proper application hereunder;; and
Appears in 1 contract
Samples: Executive Aircraft Management Agreement (Oxbridge Acquisition Corp.)
Funding/Accounting/Offset. (i) Upon execution of this Agreement and thereafter whenever there is a subsequent change in amounts, Manager will provide Client with a fixed fee schedule, setting forth the fixed monthly charges for which Client is responsible including Flight and Maintenance Crew compensation (the “"Fixed Monthly Charges”"). On the first day of each month, Client shall wire transfer the Fixed Monthly Charges to the Segregated Operating Account, which Manager may immediately withdraw for proper application hereunder;
Appears in 1 contract
Samples: Executive Aircraft Management and Charter Services Agreement (Jet Token Inc.)
